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Nevada politician wants more marijuana tax money to go to education

While marijuana legalization in Nevada may have had some growing pains, things seem to be going pretty well.

And now one politician wants to start using those benefits, writes Joseph Misulonas.

Nevada State Senator Tick Segerblom called on the state to use more of its marijuana tax revenue to fund education programs.


How much is too much with marijuana edibles? Nevada industry shares secrets to customer safety

Open a pack of convenience store gummy candies and it’s hard not to grab a handful at a time to satisfy your craving.

But doing the same for a tube of marijuana gummy candies purchased at one of Las Vegas’ legal pot dispensaries could leave users on the floor.

Marijuana edibles have quickly become a hot seller in the first seven months of legalized pot in Nevada, with as much as 45 percent of all weed sales being edibles, according to figures from several dispensary owners.

The extreme potencies, however, have forced dispensaries and lawmakers to be proactive in educating many first-time Nevada users on how ingest pot properly.


Nevada pot supply steady as wholesale rec prices remain high

Nevada's recreational marijuana supplies are plentiful but not overly abundant, keeping wholesale cannabis prices on the high side compared to other adult-use markets.

Business owners in the Silver State don't expect wholesale prices to remain steep for much longer, however.

Growers are continuing to build out their cultivation facilities and improve their growing methods, pumping additional supplies into the market.

"Supply is catching up," said Andrew Jolley, owner of The Source dispensary and retail shop in Las Vegas.

"Prices are dropping"


Nevada panel likely to keep barrier between gaming, marijuana

If state gaming regulators follow the lead of Gov. Brian Sandoval’s 12-member Gaming Policy Committee, the gaming industry and Nevada’s new marijuana distributors will never share a business relationship.

The only time their paths may cross will be when marijuana companies stage conferences at resort convention centers and exhibition halls to bring business people together to talk shop. But the companies will be prohibited from bringing products to those exhibitions.

No marijuana smoking lounges at resort properties; no landlord-tenant relationships for the sale, cultivation or distribution of marijuana; no financing deals benefiting either a gaming company or a pot provider.


Nevada: Recreational marijuana revenue on pace to exceed projections

Nevada's recreational marijuana industry is still in its infancy, but it is already making quite a splash in the tax pool. The Department of Taxation projected tax revenue from pot retail and wholesale would be about $50 million.  After six months of sales, the revenue is already more than $30 million, on pace to reach $60 million for the year.

"I'm not so surprised but I do think this shows that marijuana is fitting in quite well in Nevada and it's part of our economy, and it's generating a lot of tax revenue for the rest of the state," Will Adler, Director of the Sierra Cannabis Coalition said.


Nevada's recreational marijuana market approached $200M last year

Despite only kicking off in July, Nevada’s recreational marijuana industry sold nearly $200 million worth of the plant last year.

That’s according to figures released Friday by the Nevada Department of Taxation, per a report from the Las Vegas Review-Journal. Those sales generated more than $30 million in tax revenue for the Silver State.

In Nevada, there’s a 15 percent wholesale tax, paid by both medical and adult-use (recreational) cultivators, as well as a 10 percent retail tax on recreational sales. The state also generates money from licensing fees paid by businesses in the space.


This Las Vegas airport is letting people dump their marijuana before flying

A green metal container designed for drug disposal outside McCarran International Airport in Las Vegas on Feb. 22, 2018.

What happens in Vegas really can stay in Vegas.

Tourists catching a flight out of Sin City can now dump their leftover legal marijuana in metal containers set up at the airport.

The 10 green bins dubbed “amnesty boxes” prevent federal transportation agents from finding pot on passengers during security screenings. The drug is legal in Nevada but still banned by the U.S. government.


Nevada: Marijuana dispensary numbers could grow with recreational pot

The last marijuana dispensary in Clark County is set to open in a matter of weeks.

All municipalities in southern Nevada that are participating in a pot program have hit the maximum allowed under state law.

Cultivate is located near Spring Mountain Road and Valley View Boulevard. 

Not only have municipalities hit the maximum allowed, but the state has allowed a few to go over the limit. Despite the cap on dispensaries, the number could double as soon as the permanent recreational program comes online.

"You can see, we've done quite a bit," said Matthew McClure, general manager, Cultivate. "We're kind of in the tail end of this." 

It's been a long time coming but Cultivate is getting ready to open.


Marijuana businesses are being kicked off of social media. What can they do?

While the debate over the role technology companies played in allowing foreign influence to affect American elections is raging, a quieter battle is unfolding behind the scenes.

While this skirmish is nowhere near as consequential as Russian trolls blasting out Jesus memes to denounce Hillary Clinton, for the burgeoning marijuana industry a high hurdle has been placed in its path.

Smokers love looking at good marijuana. Cannabis advertising has long been visual gold. Long before any state enjoyed legalization, photos of dank buds from cannabis cups were shared and ogled at.


Some cities are tossing old cannabis convictions. Will Nevada?

Some California cities such as San Diego and San Francisco are automatically tossing misdemeanor marijuana convictions. Basically, if what you did then is legal now, your record is free and clear. No muss, no fuss.

Will Nevada adopt this policy? This past summer, Gov. Brian Sandoval vetoed a bill that would have helped with vacating past marijuana convictions. His reason? The bill was too broad, and he’d approved other ways for people to get their records sealed.


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